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your money needs an ally. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. ♪ melissa: at least two dead in an attack outside the u.s. embassy in turkey today, a suicide bomber blew himself up in front of the embassy killing a turkish security guard. it's described as a terrorist attack. turkey's prime minister describing the member of a far left militant group. is the u.s. becoming more of a target in the region? i'm joined by peter brooks, heritage foundation, senior fellow for international security affairs. welcome to the show. what do you think of this? >> good to be with you. a tragic event, obviously, reminding us of the troubles going on in that part of the world, whether you talk about syria, turkey, iran, i mean, the middle east is an important place, volatile, and we have to pay attention to it. melissa: it is, but, you know, turkey is a popular tourist destination. it's not one of the places we think of as
your money needs an ally. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. ♪ melissa: at least two dead in an attack outside the u.s. embassy in turkey today, a suicide bomber blew himself up in front of the embassy killing a turkish security guard. it's described as a terrorist attack. turkey's prime minister describing the member of a far left militant group. is...
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most important way is the earned income tax credit saying if you're working full time and you're only earning this much money, we, the government, give you more subsidy to reward you for working and get you to continue working. you only get it if you work until you're to the point where you aren't anymore. the problem with that is policies have to put that money aside in the budget to pay for it. it's easier to say, raise the minimum wage. melissa: doesn't have the same impact. steve, thank you for coming on. >> my pleasure. melissa: is raising the minimum wage a good or bad idea? your responses were mixed, but more think it's a bad idea than a good one. maybe you did the math with me. we want to hear from more of you. like us on facebook or follow me on twitter. okay, things could go from bad to worse for boeing. 23,000 of its engineering may go on strike, and the build 787 dreamliner debacle could be soaring. can they pull out of the financial tail spin? details next. if your kids are like my two sons, they go crazy at the very sight of this. my are watching at home. the demand for
most important way is the earned income tax credit saying if you're working full time and you're only earning this much money, we, the government, give you more subsidy to reward you for working and get you to continue working. you only get it if you work until you're to the point where you aren't anymore. the problem with that is policies have to put that money aside in the budget to pay for it. it's easier to say, raise the minimum wage. melissa: doesn't have the same impact. steve, thank you...
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are residents willing to tax themselves more to pay for it? our news reporter cornell bernard is live with that story. >> the state of the city is wet today but pretty good. we sat down together to get a preview of the address. he plans to ask voters for help to john rate more revenue. >> things are getting better. >> he says they are improving despite many challenges, including a rising crime rate and creating more jobs. the mayor will talk about plans to support police services and restore pay to worker whose took cuts to help balance the budget in recent years. to do that a sales tax increase is needed. >> we have to go to the ballot to get permission. that would be in 2014. it depends on the voter support. we have done some polling. the voters think we are moving in the right direction. >> that poll shows 70's percent of voters may support a quarter percent sales tax increase but only 57 percent favor half a percent high. and a worker at a maintenance worker that contracts with the city likes anything that will help keep his job. >> anothe
are residents willing to tax themselves more to pay for it? our news reporter cornell bernard is live with that story. >> the state of the city is wet today but pretty good. we sat down together to get a preview of the address. he plans to ask voters for help to john rate more revenue. >> things are getting better. >> he says they are improving despite many challenges, including a rising crime rate and creating more jobs. the mayor will talk about plans to support police...
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he is hoping residents will agree to a tax increase to beef up a struggling police department. the mayor laid out the plan in the state of the city address. our news reporter has details. >> san jose's mayor was quick to set the tone for the state of the city address. >> i would love to tell you i am not talk about the budget. that would be a pleasant change but that is still our biggest challenge. >> there is a small surplus this year it is still not enough to beef up the city's struggling police department. layoffs, low morale and pension reform have shrunk the department to under 1,000. >> my priority is public safety. >> the crime rate has gone up. last year there were 46 homicides, the highest in 20 years. the mayor promises to add 200 officers the next two years but the police officers union wants more. >> people are looking for san jose to pay a competitive wage for police officers. the market rate san jose pays is much less than any of the surrounding cities. >> to get it back on track, the mayor is suggesting up to half a sent sales tax. >> in 2014 we can explain to th
he is hoping residents will agree to a tax increase to beef up a struggling police department. the mayor laid out the plan in the state of the city address. our news reporter has details. >> san jose's mayor was quick to set the tone for the state of the city address. >> i would love to tell you i am not talk about the budget. that would be a pleasant change but that is still our biggest challenge. >> there is a small surplus this year it is still not enough to beef up the...
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Feb 2, 2013
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about tax hikes. is that the wrong message? >> yeah. it's the wrong message. let's go back to when toby was a teen-ager under calvin coolidge. [ laughter ] he took down woodrow wilson's high rate all the way down, created a huge boom. ronald reagan did the same thing. the democrats have railed against the bush tax cuts. they made them permanent. and now they realize oh, my goodness, we need revenue. here is the problem. this isn't just a blip. we have structural unemployment. we have the lowest labor force participation since the early '80s. that's more than a blip. that's structural unemployment and this country is not designed to handle that. we could double, 100% raise taxes on americans, we would take $1.1 trillion. we can't get there through tax increases alone. we have to deal with spending cuts cuts and entitlements. >> we do need growth. part of what the president has been talking about and the democrat social security creating a balanced package. there will be some spending cuts but there are
about tax hikes. is that the wrong message? >> yeah. it's the wrong message. let's go back to when toby was a teen-ager under calvin coolidge. [ laughter ] he took down woodrow wilson's high rate all the way down, created a huge boom. ronald reagan did the same thing. the democrats have railed against the bush tax cuts. they made them permanent. and now they realize oh, my goodness, we need revenue. here is the problem. this isn't just a blip. we have structural unemployment. we have the...
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Feb 7, 2013
02/13
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are residents willing to tax themselves more to pay for it? our news reporter cornell bernard is live with that story. >> the state of the city is wet today but pretty good. we sat down together to get a preview of the address. he plans to ask voters for help to john rate more revenue. >> things are getting better. >> he says they are improving despite many challenges, including a rising crime rate and creating more jobs. the mayor will talk about plans to support police services and restore pay to worker whose took cuts to help balance the budget in recent years. to do that a sales tax increase is needed. >> we have to go to the ballot to get permission. that would be in 2014. it depends on the voter support. we have done some polling. the voters think we are moving in the right direction. >> that poll shows 70's percent of voters may support a quarter percent sales tax increase but only 57 percent favor half a percent high. and a worker at a maintenance worker that contracts with the city likes anything that will help keep his job. >> anothe
are residents willing to tax themselves more to pay for it? our news reporter cornell bernard is live with that story. >> the state of the city is wet today but pretty good. we sat down together to get a preview of the address. he plans to ask voters for help to john rate more revenue. >> things are getting better. >> he says they are improving despite many challenges, including a rising crime rate and creating more jobs. the mayor will talk about plans to support police...
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. all stations come over to mithis is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. never really thought i would make money doing what i love. [ robert ] we created lelzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your busine
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. all stations come over to mithis is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for...
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. >> san jose mayor will deliver the state of the city address and will talk about the need for new taxes to support city services and restore pay to worker whose have seen cuts in recent years to help balance the budget. that includes the police with whom they are negotiating. our media partner the mercury news report that 70 percent support a quarter percent hike in the city sales tax. the council will discuss the report next week. the earliest a new measure goes on the ballot is next year. we the have more in a live report next half hour. >> 4:8 -- 4:38 right now. >> the rain will take its time so most of us can get out before 7:00 we are okay unless you are in the north bay with scattered rain now. the best radar is north of 116ed and to forestville we see the better radar return with light rainfalling in santa rosa. upstream, it is a cold system. there is snow in the higher elevation. there is light rain in the lower elevation. the breakdown today in the movement of the rain, the rain is in the north bay through 7:00. it moves across the bay and to the south bay from 7:00 to noon. it
. >> san jose mayor will deliver the state of the city address and will talk about the need for new taxes to support city services and restore pay to worker whose have seen cuts in recent years to help balance the budget. that includes the police with whom they are negotiating. our media partner the mercury news report that 70 percent support a quarter percent hike in the city sales tax. the council will discuss the report next week. the earliest a new measure goes on the ballot is next...
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Feb 1, 2013
02/13
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so how is that tax working in montgomery county anyway? find out. >> wind is howling, wind chills very low, three chances of snow the next three days. no advisory, but if you're headed out, hat, gloves. 26 mile-per-hour wind gusts downtown and a 29 mile-per-hour wind gusts and we'll talk about why tomorrow is a yellow alert. >> up next a contraception compromise, what the >>> a compromise on contraception from the obama administration today. the department of health and human services announced it will let certain nonprofits like hospitals and schools say no, but they have to have insurance companies comply. >>> if women are in, we're out. that's the threat from 17% of marines surveyed last summer. it jumped to 22% for women assigned involuntarily to the jobs. the men said if women are allowed to serve in combat, they would likely leave. those numbers were given to leon panetta before he made the decision to allow women into combat last week. >>> montgomery county's bag tax isn't having the results officials hoped for. county data shows th
so how is that tax working in montgomery county anyway? find out. >> wind is howling, wind chills very low, three chances of snow the next three days. no advisory, but if you're headed out, hat, gloves. 26 mile-per-hour wind gusts downtown and a 29 mile-per-hour wind gusts and we'll talk about why tomorrow is a yellow alert. >> up next a contraception compromise, what the >>> a compromise on contraception from the obama administration today. the department of health and...
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Feb 4, 2013
02/13
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coming up, the tax season is officially upon us but it's also prime season for identity thieves. what you need to know before you file. that's coming up on abc2 news at 6:00 which is coming up right now. >> the ravens landed at bwi moments ago. the city prepares to celebrate the vince lombardi trophy. >>
coming up, the tax season is officially upon us but it's also prime season for identity thieves. what you need to know before you file. that's coming up on abc2 news at 6:00 which is coming up right now. >> the ravens landed at bwi moments ago. the city prepares to celebrate the vince lombardi trophy. >>
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at apparel tax hikes have left them with smaller paychecks. the wine industry is adopting to customers to just have less money to spend it. joining us, founder and ceo of an online media company that focuses on wine and, of course, one expert extraordinaire herself. let's talk first about this confluence of events that has come together. >> thanks for having me back. and all of this is good for the california in u.s. wine industry, but is not going to be great in 2013. a boom in chardonnay eckhardt time to raise prices. tracy: the stock about that. less grapes planted in 2009 because of the recession. bad weather in 1011. >> is an agriculture products. yet the shrinking supply and pricing pressure. a wide-open playing pressure for imports. more and more wine according to stone bridge. with all this pressure, we are leaving it wide open for the imports to come and compete. tracy: this is the last thing that california wineries -- >> last american needs. state tax is going through the roof. we talked about this last time. you cannot pick up and
at apparel tax hikes have left them with smaller paychecks. the wine industry is adopting to customers to just have less money to spend it. joining us, founder and ceo of an online media company that focuses on wine and, of course, one expert extraordinaire herself. let's talk first about this confluence of events that has come together. >> thanks for having me back. and all of this is good for the california in u.s. wine industry, but is not going to be great in 2013. a boom in...
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ . melissa: news is out about chevron today. reuters reports the oil giant may be loaning venezuela's state oil company $2 billion to boost production. the credit would help the country pay its bills but just the idea of this loan brings up a number of questions, like what is really the intent behind it? why make a deal like this right now given all the uncertainty about who is going to run the country? joining me, john kingston, global director for news for platts. welcome back to the show. my first question when you say loan, you really think venezuela will pay you back. >> it will be $2 billion in exchange for crude. they have crude to deliver. if they're paying crude to make the
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ . melissa: news is out about chevron today. reuters reports the oil giant may be loaning venezuela's state oil company $2 billion to boost production. the credit...
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02/13
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you know it comes owflt same pocket when you label tax must be or federal tax money. it comes out of the same pocket. there ought to be a growing concern when we were borrowing 40 cents on every dollar. we are driving the country to the verge of bankruptcy. there's always the tempation. we talked earlier luncheons have consequences. we have to put people in place in washington that understand that this spend more -- for a couple of congressional hearing and said from a utah perspective and other states will join us. we'll take less money. don't dangle it out in front. we'll take less money and why don't you say we'll take 20% less money in utah. take away the strings. unfetter me. ly find innovative ways to do things. i'll create better opportunities. we don't have to have a diminishment of services because we have less money. question can do more with less and utah we're proving it. government has labor intensive. do you know in utah today we have fewer state employees today in 2013 than we had back in 2001. a dozen years ago yet 6 to 700,000 more people. we are a fa
you know it comes owflt same pocket when you label tax must be or federal tax money. it comes out of the same pocket. there ought to be a growing concern when we were borrowing 40 cents on every dollar. we are driving the country to the verge of bankruptcy. there's always the tempation. we talked earlier luncheons have consequences. we have to put people in place in washington that understand that this spend more -- for a couple of congressional hearing and said from a utah perspective and...
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and don't get me started on taxes. put it together and adds up to big delays in retirement a new study shows nearly 2/3 of americans age 45 to 60, plan to put off the retirement. today's "money" power panel is help you to. spencer patton, steel vine investments the chief investment officer. peter schiff, europacific capital ceo and susan knox, former treasury department advisor under president obama. spencer, let me start with you, you talk about people retiring later and later, you blame the fed in part. >> i really do. the fed has done a tremendous disservice in robbing savers, people that are planning on retiring, the people that are not tradg in the stock market, but most people setting aside money, the chance to be able to retire. you're seeing not only have they not just made money, they have lost money due to the inflation and withering away of the u.s. dollar as the fed just prints money endlessly. it's horrible and it's, just further pushing back retirement for people that can't afford a delay. melissa: peter
and don't get me started on taxes. put it together and adds up to big delays in retirement a new study shows nearly 2/3 of americans age 45 to 60, plan to put off the retirement. today's "money" power panel is help you to. spencer patton, steel vine investments the chief investment officer. peter schiff, europacific capital ceo and susan knox, former treasury department advisor under president obama. spencer, let me start with you, you talk about people retiring later and later, you...
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Feb 2, 2013
02/13
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to pay tax increases are come more debt issue to pay for these compts that. is not why these kids can't get jobs today. the economy is terrible. it shrank. it is it growing the normal four or five percent and many of the graduates would have jobbings. >> and rich, the fact is, we are subsidizing. we are subsidizing the college degrees that often don't amount to good jobs. >> yeah, it is it unfortunate. we reached the point where technology changed the whole game in a way we are beginning to realize. on line universities and couple of them started by two stanford professors and world class education for free or near free . what are employers looking for? intelligence and drive and discipline . it used to be a college degree stood for those things and now they have faster and better ways to determine whether they want to hire someone. >> john, billions of dollars in government stub sidies for college education are worthless? >> they are worthless and i am not going to defend them but what botherings me is it a notionful a job that requires a college degree. i d
to pay tax increases are come more debt issue to pay for these compts that. is not why these kids can't get jobs today. the economy is terrible. it shrank. it is it growing the normal four or five percent and many of the graduates would have jobbings. >> and rich, the fact is, we are subsidizing. we are subsidizing the college degrees that often don't amount to good jobs. >> yeah, it is it unfortunate. we reached the point where technology changed the whole game in a way we are...
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Feb 9, 2013
02/13
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not only on high income earners, he has raised taxes on everyone. the word is he is going to say, he needs more money, more tax revenues. how is that going to be received? >> i can tell you on capitol hill it has not been received very well. house republicans basically, many of them didn't vote for the package that included the tax hikes you are referring to, the one that was voted right after new year's eve. they say that is enough. they don't want to see any more offers that includes tax increases. consider they hold the house majority and they can hold to that the best they can. i doubt we would see a package to stave off a sequester anything comprehensive like that. the best we're going to see a kick the can down the road and stave off the cuts. >> gregg: do you think this president, in a way, try to persuade the nation, that 8% unemployment, 25 million americans, unemployed or under employment is negative, that is the new norm. is he going to say something similar to? >> that i don't know if he is going to say something similar to that. >> look
not only on high income earners, he has raised taxes on everyone. the word is he is going to say, he needs more money, more tax revenues. how is that going to be received? >> i can tell you on capitol hill it has not been received very well. house republicans basically, many of them didn't vote for the package that included the tax hikes you are referring to, the one that was voted right after new year's eve. they say that is enough. they don't want to see any more offers that includes...
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Feb 3, 2013
02/13
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gibraltar's wealthy economic boon is only possible because it is a tax haven, a paradise for gamblers. for the people of gibraltar, it is pure slander. >> any independent review, such asy the international monetary fund, has shown that gibraltar is by most measures an extremely well regulated and well governed jurisdiction. >> gibraltar abolished certain tax benefits under pressure from the european union, before the spanish government, that is not enough, an attitude which makes gibraltar's neighbors angry. >> we cannot be the loser of an anti-gibraltar policy made in madrid. it is not a problem for us. it is an opportunity. >> people traveling from gibraltar to spain are kept waiting for hours by spanish border and customs controls. officially, authorities are trying to put a stop to smuggling, but it is the spanish commuters who suffer. >> every day, we have to wait for hours. it is a disgrace, and they need to come up with a solution soon. >> manuel marquez and his son are stuck at the border. >> wit some goodwill, they should be able to solve this. then we would not have to wait
gibraltar's wealthy economic boon is only possible because it is a tax haven, a paradise for gamblers. for the people of gibraltar, it is pure slander. >> any independent review, such asy the international monetary fund, has shown that gibraltar is by most measures an extremely well regulated and well governed jurisdiction. >> gibraltar abolished certain tax benefits under pressure from the european union, before the spanish government, that is not enough, an attitude which makes...
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Feb 5, 2013
02/13
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KRON
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on saturday, taxes and governor rick perry, an eagle scout, told reporters that he thought the band should stay. one sunday, president obama said on cbs that boys scouts should drop the ban, a decision is expected tomorrow. >> police are still searching for two suspects who they say brutally attacked an elderly woman born at home invasion in san jose. you are looking at a sketch of one of the suspects. they say it all started last friday night when a 75 year-old woman noticed that two men were outside tried to break into her daughter's car. the woman opened a home window and tried to scare the men away. that is when she was punched repeatedly in the face and kicked in her ribs. she suffered a fractured nose, two black eyes, and other injuries. >> later this morning we will hear from the san francisco forty-niners and their head coach jim harbaugh. the team came back home to the bay area yesterday afternoon. the niners will be giving interviews about the super bowl after their meeting at 9:00 a.m.. coach harbaugh is expected to speak more about the gang at his 11:00 a.m. press conference. w
on saturday, taxes and governor rick perry, an eagle scout, told reporters that he thought the band should stay. one sunday, president obama said on cbs that boys scouts should drop the ban, a decision is expected tomorrow. >> police are still searching for two suspects who they say brutally attacked an elderly woman born at home invasion in san jose. you are looking at a sketch of one of the suspects. they say it all started last friday night when a 75 year-old woman noticed that two men...
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Feb 8, 2013
02/13
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LINKTV
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gibraltar's wealthy economic boon is only possible because it is a tax haven, a paradise for gamblers. for the people of gibraltar, it is pure slander. >> any independent review, such as by the international monetary fund, has shown that gibraltar is by most measures an extremely well regulated and well governed jurisdiction. >> gibraltar abolished certain tax benefits under pressure from the european union, before the spanish government, that is not enough, an attitude which makes gibraltar's neighbors angry. >> we cannot be the loser of an anti-gibraltar policy made in madrid. it is not a problem for us. it is an opportunity. >> people traveling from gibraltar to spain are kept waiting for hours by spanish border and customs controls. officially, authorities are trying to put a stop to smuggling, but it is the spanish commuters who suffer. >> every day, we have to wait for hours. it is a disgrace, and they need to come up with a solution soon. >> manuel marquez and his son are stuck at the border. >> with some goodwill, they should be able to solve this. then we would not have to wa
gibraltar's wealthy economic boon is only possible because it is a tax haven, a paradise for gamblers. for the people of gibraltar, it is pure slander. >> any independent review, such as by the international monetary fund, has shown that gibraltar is by most measures an extremely well regulated and well governed jurisdiction. >> gibraltar abolished certain tax benefits under pressure from the european union, before the spanish government, that is not enough, an attitude which makes...
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Feb 4, 2013
02/13
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there are new taxes covering the health care overall. one of the tax-fighting tips is donating stocks to charity. >>> health officials want to ban energy drinks that have too much caffeine. this study found that it can kauft insomnia, fast heart beat, and seizures. >>> there was a twitter competition about the brownout. you can still dunk in the dark. it's been retweeted 14,000 times and was a very smart turnaround during that. >> so clever so quickly. >>> and the average cost for a commercial in last night's super bowl, nearly $4 million. cbs news analyst frank luntz brought together viewers to see which ads worked and which didn't. good morning. >> good morning. >> you testified these, people can turn their dial where they approve or disapprove of it. what was the best ad? >> the best ad and it 'been a best ad for many years, anheuser-busch. it is very easy to make them laugh at a super bowl but it's hard to make them cry and anheuser delivered it as you're about to see. >> yeah. that was when he raised, of course, that clydesdale and
there are new taxes covering the health care overall. one of the tax-fighting tips is donating stocks to charity. >>> health officials want to ban energy drinks that have too much caffeine. this study found that it can kauft insomnia, fast heart beat, and seizures. >>> there was a twitter competition about the brownout. you can still dunk in the dark. it's been retweeted 14,000 times and was a very smart turnaround during that. >> so clever so quickly. >>> and...
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Feb 6, 2013
02/13
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finance ministry officials said last year's tax revenues excluding debt servicing costs surpassed spending by 434 million euros. that's about $590 million. the previous year's primary balance was in a deficit by about $4.7 billion. the surplus in the primary balance is a key milestone in greece's efforts to restore its fiscal health. but the greek public is largely unhappy with the government's measures. major labor unions across the country are calling for a general strike later this month. >>> u.s. justice department officials have demanded $5 billion in damages from standard & poor. they say the credit rating agency caused losses to investors by giving high scores to mortgage-backed securities. department officials said they filed the civil lawsuit against the credit rating agency. they claim the s&p knew the housing market was at risk in 2007. they say they inflated their ratings of loans and other financial products to avoid losing clients. >> s&p misled investors, including ma federally insured financial institutions, causing them to lose billions of dollars. this alleged conduct is
finance ministry officials said last year's tax revenues excluding debt servicing costs surpassed spending by 434 million euros. that's about $590 million. the previous year's primary balance was in a deficit by about $4.7 billion. the surplus in the primary balance is a key milestone in greece's efforts to restore its fiscal health. but the greek public is largely unhappy with the government's measures. major labor unions across the country are calling for a general strike later this month....
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...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any questions. get started at legalzoom.com today. and now you're protted. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ]
...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer...
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year due to the payroll tax coming back. so we do think that is going to hurt the consumer toward the end of the year and consumption makes up 71% of our economic growth. david: well, jeff, it is guessing game whether we're going into recession or not but no guessing game about europe. europe is in a recession. you think it will stay there for all of 2013 that is pretty bearish. why do you think so? >> well i think the market is happy right now because the market looks at two things. euro stronger relative to the dollar. that is a good sign the market is looking for. and our 10-year, spanish government bond yield is lower than they were two months ago or three months agop or six months ago. those conditions hold. crisis is over, right, david? wrong. when you look at actual data, credit, the credit to the private sector continues to contract and for me that is the heart of industry. and that means you're going to be recession. 2013. >> that is the outlook. if you believe, mark maybe in the next couple years we might see reces
year due to the payroll tax coming back. so we do think that is going to hurt the consumer toward the end of the year and consumption makes up 71% of our economic growth. david: well, jeff, it is guessing game whether we're going into recession or not but no guessing game about europe. europe is in a recession. you think it will stay there for all of 2013 that is pretty bearish. why do you think so? >> well i think the market is happy right now because the market looks at two things. euro...
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gun control and taxes, or tax increases, i should say. we had the assault weapon ban for three years. gun violence has gone down after it ended in 2004. tax rates, even the president said about a year and a half ago that when the economy is sliding, the last thing in the world you want to do is raise tax rates. that is what he is doing. >> let's talk about gun control. the president was in minnesota on monday. if we could just save one life, we have to try. in other words, we have to try to pass an anonymous national law to save one life? we had an assault weapons ban from 1994-2004. the national research council did an enormous study in 2004 and came to the conclusion that there was no way to know if any of this work. barack obama seems undeterred by the idea of passing enormously colossal balls david: you just want an election -- he has won reelection based on a motion. not based on facts and numbers. >> he is opposing his emotions, translating his emotions into laws like obamacare or dodd-frank that are so big, so complex, there are pa
gun control and taxes, or tax increases, i should say. we had the assault weapon ban for three years. gun violence has gone down after it ended in 2004. tax rates, even the president said about a year and a half ago that when the economy is sliding, the last thing in the world you want to do is raise tax rates. that is what he is doing. >> let's talk about gun control. the president was in minnesota on monday. if we could just save one life, we have to try. in other words, we have to try...
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the word is "taxes." the mayor says the city needs a sales tax increase and will call on community leaders to organize a campaign to support police and fire services and restore pay for workers who had to take cuts to balance the budget. a poll suggests that voters could be willing to do that. there is 70 percent support if a quarter percent sales increase but 57 percent for half a percent increase. the earliest it would be on the battle is next year, the 5th sales tax measure voters have approved since the mayor took office in 2007. the state of the city address is underway at 6:30 right here at city hall. >> fairfield police are asking for your help in finding the killer of a 13-year-old girl. the guardian for the 13-year-old reported her missing last thursday evening. her body was found friday morning. investigators say an occupy confirms she was murdered and they will not say how. people are keeping tightlipped about suspects to avoid compromising the case. she is shown on surveillance video near rail
the word is "taxes." the mayor says the city needs a sales tax increase and will call on community leaders to organize a campaign to support police and fire services and restore pay for workers who had to take cuts to balance the budget. a poll suggests that voters could be willing to do that. there is 70 percent support if a quarter percent sales increase but 57 percent for half a percent increase. the earliest it would be on the battle is next year, the 5th sales tax measure voters...
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check out taxes. stuart: here is governor jerry brown's response to that ad and i'm quoting directly. it is not a serious story. he continues it is not a burke. obviously rejecting low rick perry at the but you just told us -- >> you don't finish the sentence. stuart: i'm not going to. it wasn't quite an obscenity. >> that is our governor. stuart: you just give us the number, 17 corporations in a month that are leaving california so people are responding to governor perry's message. >> the reality is there responding to that message for a long time without the at by governor harry leaving the state of california. people in california to run for office lose and move to california. people in california who run propositions in california try to do something and it loses and they move not to california but texas. this is what is going on. our state legislature goes to texas to find out what we need to do to bring jobs back. they learn what to do and come back and do nothing. we have a two thirds democrat
check out taxes. stuart: here is governor jerry brown's response to that ad and i'm quoting directly. it is not a serious story. he continues it is not a burke. obviously rejecting low rick perry at the but you just told us -- >> you don't finish the sentence. stuart: i'm not going to. it wasn't quite an obscenity. >> that is our governor. stuart: you just give us the number, 17 corporations in a month that are leaving california so people are responding to governor perry's message....
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...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur ♪ ♪ lou: strong economic news today, and the dow jones industrials above 14,000 for the first time since december of 2007. moody's chief economist will be with us here in just moments. stocks today surging to the best level since 2007. able charges set off by an upbeat economic data. the dow up 149 points, nine points above the 14,000 level. the dow 155 points short of its all-time high. the s&p up 15, staying comfortably above the 1500 level , a five-year high at the same time. the nasdaq up 37 points. volume on the big board rising to a just under 4 billion
...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur ♪ ♪ lou: strong economic...
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Feb 7, 2013
02/13
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> down 94. were in triple digits earlier. it is february. what does this expect? it is snow and two storms are heading towards the northeast. they may merge and become a doozy beginning friday afternoon. weather channel's paul goodloe is tracking it for us. hi, paul. >> hi, how you doing? you talked about those storms merging. and they will bring the biggest dump of snow we've seen in a year and a half. new york city start with rain as we have two systems. one, a clipper across the midwest bringing detroit and michigan some snow but also the southern snow giving south some rain. they will come together an form a new storm, a nor'easter off-shore. as they do so we will plenty of wind,
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> down 94. were in triple digits earlier. it is february. what does this expect? it is snow and two storms are heading towards the northeast. they may...
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eliminate the sales tax increase mcdonnell proposed. hundreds of millions of dollars in fee increases mcdonnell wants as well. today is the deadline for legislation to win approval from the senate or house of delegates. >>> a study that confirms what you probably already know. our region has some of the worst traffic in the country. we're breaking down the numbers for you in this new report as we speak. we'll tell what you researchers are saying about gridlock in a few minutes. >>> the city is hosting a super bowl parade downtown. the crew started setting up yesterday just as the team was returning from new orleans. that parade will begin at city hall and end at m&t bank stadium where the team will show off the lombardi trophy. if you can't make it, watch it on nbcwashington.com beginning at 10:45. >>> i bet you have to wear a lot of layers today. it's going to be cold again. >> let's check in with tom kierein. >> good morning. that snow that passed to our north is way up northeast of us into new england. this is the radar over the last
eliminate the sales tax increase mcdonnell proposed. hundreds of millions of dollars in fee increases mcdonnell wants as well. today is the deadline for legislation to win approval from the senate or house of delegates. >>> a study that confirms what you probably already know. our region has some of the worst traffic in the country. we're breaking down the numbers for you in this new report as we speak. we'll tell what you researchers are saying about gridlock in a few minutes....
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Feb 7, 2013
02/13
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the payroll tax increase is probably the most significant tax increase of all of the increases coming through here in 2013. it negatively impacts disposable income growth, and there's about an 85% correlation between income growth and spending. we think that spending will be pressured throughout the year. we do like the trade down in terms of some of the value oriented retailers catching the share. and we like them positioned more at the high end because we think the consumer is going to be more insulated. >> you have michael coors on your list. that story has read well since that company went public. and from ralph's results earlier in the week that the high end is holding up. and maybe the negative from coach and tiffany. >> we're very constructive on michael kors going into earnings next week. very strong sales results there. the handbag category has been pretty good. but up and comers, including michael kors eating away at coach's market share. tiffany's got some challenges just in the jewelry category, which has been one of the most inflation impacted categories here over the las
the payroll tax increase is probably the most significant tax increase of all of the increases coming through here in 2013. it negatively impacts disposable income growth, and there's about an 85% correlation between income growth and spending. we think that spending will be pressured throughout the year. we do like the trade down in terms of some of the value oriented retailers catching the share. and we like them positioned more at the high end because we think the consumer is going to be...
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through mercedes-benz ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax.
through mercedes-benz ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax.
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it would impose the sales tax on gas in place of virginia's current gas tax. it would eliminate the sales tax hikes mcdonnell wanted. today is the deadline for legislation to win approval from either virginia's senate or the house of delegates. >>> you probably don't need a study to tell you this. this morning, we're getting the latest results of a survey showing we have the worst traffic in the country are. our transportation reporter adam tuss is breaking down the numbers and he'll have what researchers are saying about gridlock coming up at 5:45. >>> overheating batteries forced all 787 dreamliners to be grounded. now boeing is asking the faa to let it put some of the planes back in the air. boeing formally filed a request for test flights with the faa yesterday. they say they need to see if regular flight vibrations are causing overheating. last month dreamliner in japan and one in boston were forced to land after overheating issues on the batteries. >>> ravens fans are getting an early start to their tuesday. they're braving the cold in baltimore to stake
it would impose the sales tax on gas in place of virginia's current gas tax. it would eliminate the sales tax hikes mcdonnell wanted. today is the deadline for legislation to win approval from either virginia's senate or the house of delegates. >>> you probably don't need a study to tell you this. this morning, we're getting the latest results of a survey showing we have the worst traffic in the country are. our transportation reporter adam tuss is breaking down the numbers and he'll...
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tonight, the mayor 8 call on community leaders to organize a campaign for city seals tax -- sales tax to restore money to city workers who took cuts. residents are willing to pay new taxes with 70 percent support for a .25 sales tax increase and 57 percent for half a cent sales tax increase. the earliest this would be on the ballot is next year. folks here in san jose have voted four times to aprove sales tax increases since the mayor has taken office back in 2007 and it is not clear if another will fly. we will find out tonight when the mayor makes his state of the city address tonight. >> right now we have breaking news to tell you about in southern california. three police officers have been shot, two in riverside and one in corona. this is over riverside where the police department says an officer was killed. reports say the shootings could be related to a suspect wanted in connection of a double murder in irving. this has gotten a lot of attention in southern california. a cal state basketball coach and her fiance were shot to death and police want to talk to a man, a former lapd
tonight, the mayor 8 call on community leaders to organize a campaign for city seals tax -- sales tax to restore money to city workers who took cuts. residents are willing to pay new taxes with 70 percent support for a .25 sales tax increase and 57 percent for half a cent sales tax increase. the earliest this would be on the ballot is next year. folks here in san jose have voted four times to aprove sales tax increases since the mayor has taken office back in 2007 and it is not clear if another...
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and we move on tax dodges across europe no longer have any. swiss law takes force today which will allow foreign governments more powers to crack down on tax evaders according to the new tax administrative assessment act group requests in accordance with the international standard will be possible now but swiss law makers have been keen to point out that fishing expeditions large scale demands for information on possible tax dodgers well not be accepted according to the global organization of parliamentarians against corruption due to corrupt practices ranging from bribery to theft and tax evasion would be equivalent to the home find economies of whites learned south africa and. asked all the business bobbie about ls in two hours time next they all say catches up with director brian de palma from he talks to ati eight talks about about spies invasion and the military about power was america. good laboratory to mccurdy was able to build on these most sophisticated robots which will unfortunately doesn't give a darn about anything tim's mission
and we move on tax dodges across europe no longer have any. swiss law takes force today which will allow foreign governments more powers to crack down on tax evaders according to the new tax administrative assessment act group requests in accordance with the international standard will be possible now but swiss law makers have been keen to point out that fishing expeditions large scale demands for information on possible tax dodgers well not be accepted according to the global organization of...
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tax office said the sales tax has been paid officially today. live from georgetown, natasha barrett," abc 7 news. >> thank you. that will do it for us here at abc 7 news at 5:00. abc 7 news at 6:00 starts right now. captioned by the national captioning institute --www.ncicap.org-- >> two people are dead tonight and turkey after a suicide bombing. and the turkish government believes it is the work of a leftist group. they killed a tu
tax office said the sales tax has been paid officially today. live from georgetown, natasha barrett," abc 7 news. >> thank you. that will do it for us here at abc 7 news at 5:00. abc 7 news at 6:00 starts right now. captioned by the national captioning institute --www.ncicap.org-- >> two people are dead tonight and turkey after a suicide bombing. and the turkish government believes it is the work of a leftist group. they killed a tu
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Feb 8, 2013
02/13
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higher ta tax rate to 15% from 10. and governor wanted more funds dedicated to addiction services. those additions are expected to happen, and it should pass being the third state with nevada and delaware allowing gambling on-line. the companies would be based in new jersey too. that means gambling revenue as well as jobs would come into the state. you know how gambling has been a big way it get revenue in the tight times of state budgets. also, out of state gamblers could be allowed to do this as well. if they are on state allowed gambling. right now there is only two others. on the stock side, take a look at these names here. according to the wall street journal, they signed deals to service the industry. in new jersey. they traded in london but had huge days, bwin almost 15 times its average daily volume. i want to point out people, this legislation has nothing to do with sports betting. new jersey is moving ahead with that as well but can't start doing it until or unless they settle a lawsuit with major sports and ncaa. with the thing with on-line betti betting, they are in ear
higher ta tax rate to 15% from 10. and governor wanted more funds dedicated to addiction services. those additions are expected to happen, and it should pass being the third state with nevada and delaware allowing gambling on-line. the companies would be based in new jersey too. that means gambling revenue as well as jobs would come into the state. you know how gambling has been a big way it get revenue in the tight times of state budgets. also, out of state gamblers could be allowed to do this...
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it would impose a sales tax on gas in virginia. that would take the place of current gas tax. it would eliminate the sales tax hike mcdonnell had wanted and scrap the hundreds of millions of dollars in fee increases the governor was pushing for. >> dog owners will rally in annapolis this morning in hopes of earning more protection if their pets bite someone. pit bulls and their owners are singled out for punishment even if the dog has no previous estimate of being dangerous. the demonstration supports a new measure holding all dog owners responsible for a bite. it allows the owner to prove in court that the doing was not dangerous. >>> the debate over immigration reform will play out today at the white house and on capitol hill. president obama will meet today with labor leaders and immigration reform groups to discuss his plan to reform the nation's immigration reform laws. he'll discuss the issue some of the country's most prominent ceos. across town, there will be the first in a series of hearings on immigration reform. >>> new this morning, a search for an armed robber nea
it would impose a sales tax on gas in virginia. that would take the place of current gas tax. it would eliminate the sales tax hike mcdonnell had wanted and scrap the hundreds of millions of dollars in fee increases the governor was pushing for. >> dog owners will rally in annapolis this morning in hopes of earning more protection if their pets bite someone. pit bulls and their owners are singled out for punishment even if the dog has no previous estimate of being dangerous. the...
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this is not an increase in taxes. people and employers have had a 2% break-in social security taxes for the last two years. this at a time when social security fund could not afford it. a financial gift to the already employed at the expense of social security. technically right, but in your bed you hated it. i love hearing from you. send me an e-mail. gerri@foxbusiness.com. and you know what, two years in the making almost. the man behind the disasters solyndra alone is stepping down. energy secretary steven chu offering his resignation today. he was highly criticized for its handling of the $528 million loan to the solar panel maker, which later went bankrupt. despite the blunder he is leaving with obama's support and his pride intact. he said, came with streams and leaving with a set of accomplishments that we should all be proud of. not all of his dreams came true. back in 2008 he famously said we as a nation needed to boost gas prices to levels -- levels seen in europe. although he eventually walked back those co
this is not an increase in taxes. people and employers have had a 2% break-in social security taxes for the last two years. this at a time when social security fund could not afford it. a financial gift to the already employed at the expense of social security. technically right, but in your bed you hated it. i love hearing from you. send me an e-mail. gerri@foxbusiness.com. and you know what, two years in the making almost. the man behind the disasters solyndra alone is stepping down. energy...
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today which will allow foreign governments more powers to crackdown on tax evaders according to the new law which is called the administrative assistants act group requests in accordance with the international standard will now be possible but swiss law makers have been keen to point out that fishing expeditions in other words laws demands for information on possible tax dodgers will not be excepted now according to the global organization a parliamentarian against corruption losses due to corrupt practices including tax evasion a quote to combine the confines of quantum is of switzerland south africa banned. a lot of money for the business for now for today even but more coming up here in r.t. we catch up with the director brian de palma who talks to ati's. about smiles invasion and the military that powers america. you know i can kind of sort of understand the mindset of an evil dictator i have trouble understanding what is going on or maybe not going on in the minds of the terrified cogs who believe all the propaganda give up all their rights for the illusion of safety to coach j
today which will allow foreign governments more powers to crackdown on tax evaders according to the new law which is called the administrative assistants act group requests in accordance with the international standard will now be possible but swiss law makers have been keen to point out that fishing expeditions in other words laws demands for information on possible tax dodgers will not be excepted now according to the global organization a parliamentarian against corruption losses due to...
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02/13
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asking how the agency can decide to suspend saturday delivery without their approval. >> should your tax dollars go to give smart phones to job seekers? that is later. up next, a new government regulation that could force your local grocery store to shut down it's salad bar and bakery. hitting the streets to tell real people about our new 15 under $15 menu! oh my goodness... oh my gosh, this looks amazing... [ male announcer ] 15 entrees under $15! it's o new maine stays! seafood, chicken, and more! h! the tilapia with roast vegables. i'actually looking at the od grilled chicken with portobello wine sauce. that pork chop was great. no more fast food friday's. we're going to go to red lobster... [ male announcer ] come try our new menu and sea food different. d introducing 7 lunch choices for just $7.99! salad, sandwiches and more. d introducing 7 lunch choices for just $7.99! [ female announcer ] some people like to pretend a flood could never happen to them. and that their homeowners insurance protects them. [ thunder crashes ] it doesn't. stop pretending. only flood insurance covers fl
asking how the agency can decide to suspend saturday delivery without their approval. >> should your tax dollars go to give smart phones to job seekers? that is later. up next, a new government regulation that could force your local grocery store to shut down it's salad bar and bakery. hitting the streets to tell real people about our new 15 under $15 menu! oh my goodness... oh my gosh, this looks amazing... [ male announcer ] 15 entrees under $15! it's o new maine stays! seafood,...
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Feb 8, 2013
02/13
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MSNBC
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. all stations come over to mithis is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. lookin' good, flo! feelin' good! feelin' real good! [ engine revs ] boat protection people love. now, that's progressive. call or click today. [ whispering ] that's crazy, the cookie's the best part. crème. cookie. crème. cookie. [ whispering ] crème. [ whispering ] cookie. [ whispering ] crème. [ whispering ] cookie. [ whispering ] crème. [ whispering ] cookie. c
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. all stations come over to mithis is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by...
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Feb 7, 2013
02/13
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>> well, i think if indeed the consumer is feeling strapped somewhat by the payroll tax going back in, being implemented again, then i think that hurts a lower end product like a cereal much more than it does the higher end products, so, i guess i'm going to side with the bear. >> way to go. >> victory for brian kelly. >> that's it? you don't get -- >> no, i decided. >> get sallie back here. >> she's going to love you after that hoya comment. nice. >> she'll never come back again. all right. let's go to brian sullen and you're taking a look at how options traders are playing gis. >> i think b.k. is short-lived on the victory speech here. if you look at the option activity today, we saw a buyer, 500 calls, the april 43 calls, paying 54 cents, so, the option trader seeing general mills trade to the upside, you know, 5%, 10% here, fom lowing their earnings report coming up in march. sort of an earnings play. bull activity here. and have to side with the new warren buffett here, he's outperformed the s&p for the last 25 years. he likes cereal names. specifically post. but general mills ve
>> well, i think if indeed the consumer is feeling strapped somewhat by the payroll tax going back in, being implemented again, then i think that hurts a lower end product like a cereal much more than it does the higher end products, so, i guess i'm going to side with the bear. >> way to go. >> victory for brian kelly. >> that's it? you don't get -- >> no, i decided. >> get sallie back here. >> she's going to love you after that hoya comment. nice....